Want · Office
Series B fintech needs 8,000 to 12,000 SF
Posted by the tenant · Fintech
- Where
- Midtown South, Flatiron +1
- Size
- 8,000 to 12,000 SF
- Budget
- to $85/SF
- Move in
- Jan 2027
Near subwayHigh ceilings
Owners: got a fit?I have a fit
Office building with commercial space · Midtown South, Manhattan
25 West 31st Street
New York, NY 10001
25 West 31st Street is a 12-floor office building with commercial space in Midtown South, Manhattan, built in 1912, with about 57,000 square feet of office space according to city records.
Also at 25-29 West 31st Street.
- Office space
- 57K SF
- Floors
- 12
- Year built
- 1912
- Zoning
- C6-4
The 137th largest of the 156 office buildings we track in Midtown South. Compare it with 6 neighbors
No space at 25 West 31st Street is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once.
Compared with its neighbors
How 25 West 31st Street compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 25 West 31st Street is the smallest by office floor area. It went up in 1912; the median neighbor dates from 1915. Its estimated property tax, about $10.11 a square foot of floor area before abatements, is below the neighbors' median of $11.27.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 25 West 31st Street | 57K SF | 12 | 1912 | $10.11 | n/a |
| 22 West 32nd Street | 101K SF | 16 | 1913 | $8.70 | Jan 2014, $55M |
| 39 West 31st Street | 127K SF | 16 | 1915 | $8.22 | Nov 2008, $56.5M |
| 1240 Broadway | 571K SF | 39 | 1969 | $19.45 | Nov 2016, $565M |
| 29 West 30th Street | 57K SF | 12 | 1915 | $14.86 | n/a |
| 1218 Broadway | 67K SF | 9 | 1931 | $11.05 | Feb 2026, $31.6M |
| 29 West 32nd Street | 186K SF | 12 | 1908 | $11.49 | n/a |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other address
- 25-29 West 31st Street
- ZIP code
- 10001
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 60,133 SF
- Commercial floor area
- 60,133 SF
- Office
- 56,633 SF
- Retail
- 3,500 SF
- Height
- 12 floors
- Average floor
- About 5,000 SF (floor area divided by floors)
- Year built
- 1912
- Last major alteration
- 1985
- Lot area
- 5,760 SF
- Zoning district
- C6-4
- Built FAR
- 10.44
- Max commercial FAR
- 10
- Tax lot (BBL)
- 1008330024
Nearest subway
- 28 St
- 34 St-Herald Sq
- 33 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-02. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists EMRE VENTURES, LLC as the owner of record. For tax year 2026/27 the city values 25 West 31st Street at $13.6 million and assesses it at $6.1 million. After phase-ins and exemptions its taxable value is $5.6 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $607,893 a year before abatements, roughly $10.11 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
- Owner of record
- EMRE VENTURES, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $13,566,000
- Land market value
- $6,280,000
- Assessed value
- $6,104,700
- Taxable value (phased in)
- $5,603,738
- Estimated yearly tax
- About $607,893
- Tax per SF of floor area
- About $10.11
City market value by tax year
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-02; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
NYC energy benchmarking (Local Law 84)
Energy use and emissions
25 West 31st Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (the filing does not cover 12 full months of meter data), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade.
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Multifamily Housing
- Floor area in the filing
- 60,133 SF
Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-02; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 25 West 31st Street in the 12 months to September 2026; the last one was first permitted in March 2024.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- March 2024
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across Midtown SouthWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-02 (permits issued through 2026-09-30). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
Office space nearby in Midtown South
Nothing is listed nearby yet. The labeled examples below show how a space appears; they are not on the market.
What a requirement here looks like
No live requirements for office space in Midtown South yet. These labeled examples show what tenants post. List a space in 25 West 31st Street and we match it against every new one automatically.
Want · Office
Startup seeking furnished sublease
Posted by the tenant · Software
- Where
- Flatiron, Midtown South +1
- Size
- 6,000 to 11,000 SF
- Budget
- to $60/SF
- Move in
- Nov 2026
Furnished
Owners: got a fit?I have a fit
Before you sign
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Questions about 25 West 31st Street
How big is 25 West 31st Street?
25 West 31st Street has about 60,000 square feet of floor area in total, including 57,000 square feet of office and 4,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 25 West 31st Street built?
City records list 1912 as the year built, with a major alteration recorded in 1985. The building is 12 floors tall.
What other addresses does 25 West 31st Street have?
City records list 25-29 West 31st Street on the same tax lot (BBL 1008330024) as 25 West 31st Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 25 West 31st Street?
25 West 31st Street is in ZIP code 10001, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 25 West 31st Street, New York, NY 10001, in Midtown South.
What is the zoning at 25 West 31st Street?
The lot is in the C6-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 10.44 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to 25 West 31st Street?
The closest subway station to 25 West 31st Street is 28 St (the R and W trains), about 800 feet away in a straight line, roughly 3 minutes on foot. Also nearby: 34 St-Herald Sq (the B, D, F, M, N, Q, R and W trains), 3 min walk; 33 St (the 6 train), 6 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 25 West 31st Street?
The NYC Department of Finance's 2026/27 assessment roll lists EMRE VENTURES, LLC as the owner of record of 25 West 31st Street (BBL 1008330024). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
Does 25 West 31st Street have an energy grade?
25 West 31st Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (the filing does not cover 12 full months of meter data), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade.
Is there construction at 25 West 31st Street?
The Department of Buildings issued no permits for new jobs at 25 West 31st Street in the 12 months to September 2026; the last one was first permitted in March 2024. These are the Department of Buildings' DOB NOW work permits for tax lot 1008330024. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
What are the property taxes at 25 West 31st Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.6 million for 25 West 31st Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $607,893 a year, roughly $10.11 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008330024 show the actual bill.
What is the assessed value of 25 West 31st Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 25 West 31st Street at $13.6 million ($6.28 million of it land) and its assessed value at $6.1 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 16% from 2022/23 ($11.7 million) to 2026/27.
Is there office space for lease at 25 West 31st Street?
No space at 25 West 31st Street is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.
1,677 buildings from city records
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Midtown South
Transit hubs in Midtown South
- R W at 28 St
- 6 at 28 St
- F M at 23 St